Adjustment Processes Within Economic Evolution — Schumpeterian Approach

نویسندگان

چکیده

This research is inspired by Schumpeter’s theory of economic development and aims at analysing the outcomes innovative non-innovative changes implemented within evolution. A multiplicity processes leads to complexity structure In order examine processes, role circular flow, i.e. a form economy, which for Schumpeter was both starting ending points in analysis development, should be taken into account. this context, we determine simple model evolution line with theory, using Hurwicz’s concept adjustment process. allows us an impact accessed information on diversification processes. It added that presented, also play important roles, coherent theory. As result, prove, under some initial conditions coming from mainstream thought, economy study can evolve direction equilibrium take flow.

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ژورنال

عنوان ژورنال: Journal of The Knowledge Economy

سال: 2022

ISSN: ['1868-7865', '1868-7873']

DOI: https://doi.org/10.1007/s13132-022-00912-3